Adient PLC (ADNT)
Net profit margin
| Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 18,000 | 74,000 | 158,000 | 213,000 | 205,000 | 115,000 | 12,000 | -54,000 | -120,000 | 795,000 | 754,000 | 904,000 | 1,108,000 | 112,000 | -142,000 | -230,000 | -547,000 | -515,000 | -511,000 | -641,000 |
| Revenue (ttm) | US$ in thousands | 14,688,000 | 14,855,000 | 15,194,000 | 15,356,000 | 15,395,000 | 15,316,000 | 14,746,000 | 14,340,000 | 14,121,000 | 13,242,000 | 12,999,000 | 13,312,000 | 13,680,000 | 14,506,000 | 12,890,000 | 12,582,000 | 12,670,000 | 12,994,000 | 15,587,000 | 16,304,000 |
| Net profit margin | 0.12% | 0.50% | 1.04% | 1.39% | 1.33% | 0.75% | 0.08% | -0.38% | -0.85% | 6.00% | 5.80% | 6.79% | 8.10% | 0.77% | -1.10% | -1.83% | -4.32% | -3.96% | -3.28% | -3.93% |
September 30, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $18,000K ÷ $14,688,000K
= 0.12%
The net profit margin of Adient PLC has shown some fluctuations over the past few quarters. In the most recent quarter, ending September 30, 2024, the net profit margin was 0.12%, indicating that for every dollar of revenue generated, the company retained $0.0012 as profit. This margin has decreased significantly from the previous quarter's level of 0.50% ending June 30, 2024.
Looking back further, the net profit margin has been variable, ranging from negative figures to positive single digits. The highest net profit margin in recent quarters was observed in the quarter ending December 31, 2021, at 8.10%, reflecting strong profitability. However, there have also been periods, such as in the quarters ending March 31, 2021, and March 31, 2020, where the company experienced negative net profit margins, indicating losses during those periods.
Overall, the trend in the net profit margin for Adient PLC appears to be volatile, with periods of both profitability and losses. It is essential for stakeholders to closely monitor the company's financial performance and profitability ratios to assess its operational efficiency and sustainability.
Peer comparison
Sep 30, 2024